Suruga Bank Ltd. (OTCMKTS:SUGBY – Get Free Report) shares hit a new 52-week high during trading on Wednesday. The stock traded as high as $192.94 and last traded at $192.94, with a volume of 1 shares. The stock had previously closed at $192.94.
Suruga Bank Price Performance
The business has a 50-day moving average of $80.02 and a 200 day moving average of $80.02. The company has a market cap of $3.31 billion, a PE ratio of 11.85 and a beta of -0.03.
Suruga Bank (OTCMKTS:SUGBY – Get Free Report) last announced its earnings results on Monday, August 10th. The company reported $5.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $2.46. Suruga Bank had a return on equity of 13.65% and a net margin of 38.48%.The business had revenue of $234.94 million for the quarter, compared to analysts’ expectations of $16.96 billion.
Suruga Bank Company Profile
Suruga Bank, Ltd. is a regional Japanese financial institution headquartered in Numazu, Shizuoka Prefecture. The bank provides retail and commercial banking services, including deposits, lending, domestic and foreign remittances, foreign-exchange services, and payment-related products.
Its lending activities include residential mortgages, personal loans, business financing, and other credit products for individuals and small and medium-sized businesses. Suruga Bank also offers investment trusts, insurance-related products, and electronic and automated banking services through its branch and digital channels.
Founded in 1895, Suruga Bank has historically focused on customers in Shizuoka Prefecture and neighboring Kanagawa Prefecture, while also maintaining a presence in other parts of Japan.
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